city of Amarillo Awards Financial Services Contract to Rillo Investments Llc (April 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $900,000 grant plus 100% property tax rebate for 10 years

Contract type

FINANCIAL_SERVICES

Contract term

10 years of 100% annual property tax rebate after project completion

Renewal

Agreement provides a 10-year 100% property tax rebate following project completion, along with a one-time grant not to exceed $900,000; no additional renewal terms noted.

Document type

Minutes

Source document

City of Amarillo Minutes Regular Meeting 2026-04-28

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APPROVED

Amarillo Water Utilities, TexasNot to exceed $900,000 grant plus 10 years of 100% property tax rebateMay 9, 2026

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APPROVED

Amarillo MPO, TexasNot less than $28 million private investment; up to 100% tax rebate for 10 years plus grant not to exceed $900,000Apr 28, 2026

City of Amarillo City Council Regular Meeting Agenda April 2026

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APPROVED

city of Amarillo, TexasNot less than $28 million private investment; not to exceed $900,000 grant plus 10-year 100% property tax rebateApr 24, 2026

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PENDING

City of Amarillo city, TexasAnnual reimbursement of 100% of ad valorem tax increment for up to 10 years, plus a one-time reimbursement (grant) not to exceed $900,000Apr 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by city of Amarillo?

Rillo Investments Llc was awarded this financial services contract by city of Amarillo, as recorded on April 28, 2026. The contract value is Not to exceed $900,000 grant plus 100% property tax rebate for 10 years.

How much is the Rillo Investments Llc contract with city of Amarillo worth?

The Rillo Investments Llc contract with city of Amarillo is valued at Not to exceed $900,000 grant plus 100% property tax rebate for 10 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Amarillo Minutes Regular Meeting 2026-04-28 (Minutes), dated April 28, 2026 from city of Amarillo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rillo Investments Llc hold?

Rillo Investments Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is city of Amarillo currently buying?

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